3076 Richmond Road

Bayshore, Ottawa · MLS® X13151854

Land · Vacant Land · 157 days on market

listed by Johnny Kulwartian, ROYAL LEPAGE INTEGRITY REALTY

realtor's description

Vacant development lot on Ottawa's Richmond Road Mainstreet Corridor in the established Bayshore community. 6,415 sq ft with 101 feet of frontage, designated MS2. No demolition required. No minimum front setback below 15 metres. MS2 permits a broad range of mixed-use development with ground floor commercial and residential above. The full MS2 permitted use schedule applies at grade - medical facility, office, restaurant, retail, personal service business, day care, instructional facility, recreation and athletic facility, and many others. A 3 to 4 storey mixed-use building represents a straightforward development program on this site. Rooftop terrace potential on a 4-storey build. Ground floor NNN commercial tenancy estimated at $55,000-$65,000 annual NOI based on current Ottawa west-end mainstreet comparable leases, with residential units above. Minutes from Highway 417, Bayshore Shopping Centre, Queensway Carleton Hospital, Cedar Hill Golf Course, and OC Transpo's Richmond Road corridor.

property details

type: Land, Vacant Land
parking: 0
property tax: $1,964 / yr
days on market: 157
MLS®: X13151854

features

Irregular lot size

monthly cost

$2,690/mo

Mortgage $2,527 · Tax $164

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,527/ monthly

loan $463,920

25-year amortization

down payment20% · $115,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $294,051
cash to close: $115,980; down payment; transfer tax and fees not included
total paid: $757,971

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.